The news feeds are abuzz for the past two days with announcements that President Obama may just announce an Executive Order in relation to heightening the cyber security in the U.S.

Following the important 2013 Kaspersky Cyber-Security Summit this week, Howard Schmidt, the former chief cybersecurity advisor to the President opined that "we’re on the brink of disaster every time a new worm comes out or a new DDoS (distributed denial of service) comes out".

This has come in the wake of EU's own cyber security agenda that was released on February 7th. The new directives are likely to affect U.S businesses unlike the older regulations that did not "require companies to publicly disclose breaches unless identifying information such as credit card or Social Security numbers".